Sonic Raises $12m to Drive Solana Gaming Ecosystem
The first layer 2 gaming infrastructure protocol developed in Solana, Sonic, raised $12 million in a series A investment that drew interest from several startup capital firms. After raising $4 million in its initial funding round for the treatment in early 2022, Sonic has now raised a total of $16 million. Sonic is an L2 […]
Internet Computer Protocol Introduces Verified Credentials
Internet Computer has introduced Verified Credentials (VC), a solution that will make it possible for people to share personal information on Web3 in an effective and reliable manner. By removing bots and phony accounts, verified credentials will also be able to restrict the dissemination of spam and fake news on social media. The solution will […]
VanEck Set to Launch Spot Bitcoin ETF on Australia’s ASX
Australia’s very first spot Bitcoin ETF is expected to be introduced by asset manager VanEck. The Australian Securities Exchange (ASX) authorized the VanEck Bitcoin ETF for listing on June 20, per a blog post. The Titan Money Manager said that its Bitcoin (BTC) ETF will be the most affordable in Australia. Since 2021, VanEck has […]
Slerf Memecoin Creator Teases New DAO for Token Holders
The Solana memecoin Slerf, which has a sloth motif seems to be planning to create a decentralized organization to direct its development. The developer of Memecoin, Slerf, revealed plans to create a community board and a decentralized autonomous organization (DAO) for holders of NFT and the SLERF token on the Solana blockchain. Slerf “accidentally” burnt about […]
South Korea May Delist 600 Altcoins Under New Law
South Korean financial authorities may delist about 600 altcoins this year under the new Virtual Asset User Protection Act. According to Korean news medium Dnews, which cites sources familiar with the situation, South Korea’s financial authorities will start re-evaluating more than 600 cryptocurrency listings on local trading platforms in July after the implementation of the […]